Vu Sonny 4

What Happened
Director Vu Sonny received a total of 330,668 securities on March 27, 2026 as part of Cyabra's business combination with Trailblazer Merger Corporation I. That total consists of 300,607 ordinary shares of the issuer (27,329 + 273,278) and 30,061 derivative awards (18,048 + 12,013). No purchase price or cash amount is reported (price = N/A) because these shares/options were issued or converted under the Merger Agreement, not bought or sold on the open market.

Key Details

• Transaction date: March 27, 2026; Form 4 filed March 31, 2026. No indication in the filing that this was late.
• Shares received (non-derivative): 27,329 and 273,278 (total 300,607).
• Derivative awards: 18,048 and 12,013 (total 30,061). Reported as grants/acquisitions (code A).
• Price/Value: N/A — securities were issued/converted under the Merger Agreement, not purchased.
• Ownership/holding: Some securities are held directly by FF Alabaster LLC (footnote F4).
• Notable footnotes: Awards arose from the Merger Agreement converting pre-transaction Cyabra ordinary shares and options into Issuer shares/options (see F1–F7). Options were fully vested upon grant and converted per the Issuer’s 2026 Omnibus Equity Incentive Plan.

Context
These were merger-related issuances/conversions (not market purchases or sales). The derivative entries reflect options or option-like awards converted or reissued under the Merger Agreement and the Issuer’s equity plan; they were granted fully vested and were not exercises or sales. For retail investors, merger-based awards document how insider holdings changed due to the business combination but do not necessarily signal discretionary buying or selling intent.